Tag: Aditya Birla Group

Market regulator Securities and Exchange Board of India plans to introduce disclosure requirements for unlisted companies that are part of a conglomerate.While listed entities are subject to comprehensive disclosure requirements, the same levels of disclosures requirements are not applicable to unlisted companies. “There is a need to identify, monitor and manage the risks introduced into the securities market ecosystem by unlisted companies in a conglomerate with a complex set of listed and unlisted associates,” the regulator said in its annual report for 2022-23.SEBI also plans to facilitate transparency...